Binance.US said in an email sent to customers on June 22 that it resolved nearly all delayed U.S. dollar withdrawals.
Warning of further limitations
Binance.US said it worked with its banking partners to re-enable USD withdrawals but also suggested the option will soon be removed again. The company wrote:
“While USD withdrawal remains fully operational on the platform today, we expect our banking partners to discontinue that service in the near future.”
Though it is seeking out new banking partners, Binance.US suggested that users should convert USD to stablecoins. It also warned users that it could automatically convert their USD balance to the Tether (USDT) stablecoin at a later date.
Binance.US said it expects most U.S. dollar withdrawal requests to be completed in five business days or less as usual. It instructed users who previously submitted failed withdrawal requests to submit those requests once again.
The company also noted that it would remove most USD advanced trading p
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